RESIDENTIAL & COMMERCIAL SERVICES | SANTA BARBARA, CA

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Wire Fraud Alert

Wire Fraud Alert image

CAUTION: IMPORTANT WIRE FRAUD ALERT FOR HOME BUYERS

Realtors®, Real Estate Brokers, Buyers and Sellers are targets for wire fraud and many have lost hundreds of thousands of dollars because they simply relied on the wire instructions received via email.

A hacker will break into a licensee’s email account to obtain information about upcoming real estate transactions. After monitoring the account to determine the likely timing of a close, the hacker will send an email to the buyer, posing either as the escrow agent or as the licensee. The fraudulent email will contain new wiring instructions or routing information, and will request that the Buyer send funds accordingly.

>> Learn how to be WireSafe



Local Real Estate Trends

Discover What's New and Interesting in Our Backyard
Local CRE Trends

The Golden State of California is the most populous and third largest state in the United States. It is home to over 39 million residents, with the two major cities of Los Angeles and San Diego, and eight metropolitan areas, this region stretches from San Luis Obispo County to the U.S.-Mexican border, and from the Pacific Ocean to the Nevada-Arizona border. A major hub for entertainment, big business and tourism, California features some of the most highly coveted coastal homes and dynamic properties in the world.

California is also home to Chicago Title Santa Barbara, one of Fidelity National Financial's most dynamic title brands and real estate teams. Chicago Title Santa Barbara serves the residential real estate industry in California. Our offices are strategically located throughout Santa Barbara County, and includes teams that live and work in 5 offices located in: Santa Barbara, Montecito and Solvang. Our California-based professionals work in all facets of the real estate industry, providing best-in-class real estate services to buyers and sellers in the area, as well as the real estate professionals, lenders, builders and attorneys that work alongside them.

Discover what’s new and interesting in our backyard in the latest real estate news provided courtesy of the news desk.


The Latest Articles From the FNF Newsdesk:

What is a high-yield savings account? Definition and what to consider
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Cost of living in Denver
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What are Bitcoin ATMs and how do they work?
...add it to your digital wallet, it’s not insured by the FDIC, as it would be in a bank account, to protect against theft or loss of funds. Bottom line If you’re interested in trading in cash...

Las Vegas housing market: Everything you need to know
Steve Proehl/ Despite a recent cooldown, the Las Vegas housing market remains fairly competitive as out-of-towners continue to relocate to this famous desert city. Whether you’re a current resident...

NAHB Economists Forecast Weakening Multifamily Market
...multifamily market outlook at IBS. Sales activity slowed as market uncertainty, high mortgage rates and expectations of a recession rattled buyers. “It feels like this has been one of the...

Mortgage Rates on Feb. 3, 2023: Rates Slip - CNET
Today a couple of notable mortgage rates ticked downward, though rates remain high compared to a year ago. If you're in the market for a mortgage, see how your payments might be affected by inflation...

Monthly Home Payments Tumbled 7% from October to December
Falling mortgage rates, home prices in 2023 are continuing their downward trend. The...

The Slippery Slope Of The Fed’s Shrinking Balance Sheet
...rates. Over the past several months, you’ve become highly aware that mortgage rates and corporate bond yields have increased substantially from a year ago. Also, you probably know that this has...

Homebuying tips for unmarried couples
...with a significant other before marriage. In addition to today’s high mortgage rates and lack of housing inventory, there are a few unique things to remember before purchasing a home with your...

Young Adults Moved Home, But Now are Moving Out
...homeownership. This compares to 12% to 15% between 1989 and 1995 when NAR first started collecting the data series. For first-time buyers who lived at home first, about half are making rent...